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M. BURR KEIM AGENCY · Fiduciary & Probate Bonds · Reviewed November 2026

Receiver Bond

A receiver bond is a court-required surety bond for a receiver appointed to take control of property, a business, or funds during litigation or a distressed situation. It protects the parties and the court if the receiver fails to account for assets or faithfully perform the receivership duties.

Apply for This Bond Online How to Apply Questions

At a glance

Product
Receiver Bond
Category
Fiduciary & Probate Bonds
Required amount
The court sets the bond amount, often based on the value of the assets placed under the receiver’s control and the scope of the receivership. The order may require a single bond or separate aggregate coverage for multiple entities. Confirm the required amount and obligee with the court.
Online issue
Instant issue up to $100,000 single and $200,000 aggregate. With acceptable credit, instant issue is available above $100,000 up to $250,000 single and $500,000 aggregate. Larger or more complex receiverships may require underwriting review.
Term
The bond usually remains in force until the receivership is concluded and the court discharges the receiver. Some courts require annual renewal or a new bond as the estate or assets change. Follow the appointment order and the court’s instructions.

Who needs a receiver Bond?

  • A receiver appointed by a court to manage or preserve property, a business, or funds during litigation.
  • A receiver appointed in a foreclosure, partnership dispute, insolvency, or other proceeding where the court requires a bond.
  • A proposed receiver whose appointment order requires a bond before taking possession of assets.

Why is a receiver Bond required?

A receiver takes control of assets that belong to someone else and is accountable to the court and the parties. The bond gives the court and the parties a recovery source if the receiver misappropriates assets, fails to account for them, or fails to perform the duties set out in the appointment order.

The court sets the bond amount and approves the form. The bond is not a substitute for the receiver’s professional liability insurance, the court’s supervision, or the receiver’s own accounting and reporting obligations.

How much bond do I need?

The court sets the bond amount, often based on the value of the assets placed under the receiver’s control and the scope of the receivership. The order may require a single bond or separate aggregate coverage for multiple entities. Confirm the required amount and obligee with the court.

Instant issue up to $100,000 single and $200,000 aggregate. With acceptable credit, instant issue is available above $100,000 up to $250,000 single and $500,000 aggregate. Larger or more complex receiverships may require underwriting review.

Bond amount is not the premium. The required amount is the maximum the surety could pay under the bond. The premium you pay is a separate charge based on the bond amount, the risk, the term, and your credit. The online application shows the premium before you bind coverage.

How much does a receiver Bond cost?

Premium depends on the bond amount, the court and state, the expected duration of the receivership, and the applicant’s credit. Receiver bonds are priced individually based on the risk. Apply online for the current premium and to confirm the court’s required form.

How to apply online

  1. Confirm the bond amount and obligee. Use the amount and legal name of the agency, court, client, or government entity that requires the bond. The obligee name must match the requiring party’s records.
  2. Gather the application information. Have the legal business or entity name, address, license or case number, ownership information, and the required bond amount ready.
  3. Start the CNA Surety application. Use the online application link on this page. The link includes the M. BURR KEIM AGENCY app code and agency code, so the application is routed to our agency.
  4. Pay the premium and bind coverage. If the bond is eligible for instant issue, the application will show the premium and let you complete the purchase online. Otherwise, the surety will review the application and contact you if additional information is needed.
  5. File the bond. Provide the issued bond to the agency, court, client, or government entity that requires it, and keep a copy for your records.
Apply for This Bond Online All Bonds

Receiver Bond term and renewal

The bond usually remains in force until the receivership is concluded and the court discharges the receiver. Some courts require annual renewal or a new bond as the estate or assets change. Follow the appointment order and the court’s instructions.

Good to know

  • A receiver may need separate bonds for multiple entities or properties. Confirm whether the court requires one bond or an aggregate schedule.
  • Have the case caption, court and county, appointment order, asset value, and the required bond amount ready before applying.

Receiver Bond questions

A receiver bond is a court-required surety bond for a receiver appointed to take control of property, a business, or funds during litigation or a distressed situation. It protects the parties and the court if the receiver fails to account for assets or faithfully perform the receivership duties.

A receiver appointed by a court to manage or preserve property, a business, or funds during litigation. A receiver appointed in a foreclosure, partnership dispute, insolvency, or other proceeding where the court requires a bond. A proposed receiver whose appointment order requires a bond before taking possession of assets.

Premium depends on the bond amount, the court and state, the expected duration of the receivership, and the applicant’s credit. Receiver bonds are priced individually based on the risk. Apply online for the current premium and to confirm the court’s required form.

The court sets the bond amount, often based on the value of the assets placed under the receiver’s control and the scope of the receivership. The order may require a single bond or separate aggregate coverage for multiple entities. Confirm the required amount and obligee with the court. Instant issue up to $100,000 single and $200,000 aggregate. With acceptable credit, instant issue is available above $100,000 up to $250,000 single and $500,000 aggregate. Larger or more complex receiverships may require underwriting review.

Apply online through CNA Surety using the application link on this page. The link includes the M. BURR KEIM AGENCY app code and agency code, so the application is routed to our agency. Complete the application, pay the premium online if the bond is eligible for instant issue, and then file the bond with the agency, court, or client that requires it.

The court sets the amount in the appointment order, usually based on the value of the assets under the receiver’s control and the scope of the receivership. The court may adjust the amount as the case develops. Confirm the amount and obligee with the court.

No. A receiver bond protects the court and the parties against certain failures to account for or protect assets. Professional liability insurance covers malpractice claims arising from the receiver’s professional services. A receiver may need both.

Online application and important note

Bond requirements, forms, amounts, and fees are set by the requiring agency, court, or carrier and can change. This page is general information, not legal advice. Confirm the current requirement with the agency, court, client, or your attorney before applying. M. BURR KEIM AGENCY is an insurance and surety bond agency; the bond or policy is issued by the carrier named on the document.